(in Polish) Corporate financial statements 1155-12-F21-CF-CFSt

The aim of the Corporate Financial Statements course is to develop knowledge and skills in understanding and applying national and international regulations and the theoretical framework in the preparation of financial statements. The course begins with the conceptual framework for financial reporting and the fundamental bases of accounting system. The main part of the course covers the reporting of financial information for single companies and for groups.
In Corporate Financial Statements course two methods of teaching: lectures and tutorials are used. It is connected with a practical aspect of this subject. Certain issues presented during the lecture are later analysed during tutorials.

Topics covered:
1. Basic accounting concepts W1
2. Financial Statement Reporting W1
3. Balance sheet W1, K1, U1
4. Profit and loss account W1, K1, U1
5. Cash flow statement W1, K1, U1
6. Statement of Shareholders’ Equity W1, K1, U1
7. Additional elements in corporate reporting W1

Total student workload

Contact hours with teacher: - participation in lectures – 15 hrs - participation in tutorials – 15 hrs - consultations – 15 hrs Self-study hours: - preparation for tutorials – 15 hrs - preparation for examination – 15 hrs Altogether: 75 hrs ( 3 ECTS)

Learning outcomes - knowledge

Student W1: has in-depth knowledge and investigates - from the perspective relevant to Finances and Accounting - economic processes taking place in institutions and their environment presented in financial statements – K_W05

Learning outcomes - skills

Student U1: is able to prepare the necessary information in the form of financial statement to be applied in decision-making processes – K_U03

Learning outcomes - social competencies

Student K1: has knowledge and skills enabling to obtain and use the information presented in financial statements – K_K01

Teaching methods

Expository teaching methods: - informative lecture, description – Power Point presentation of theoretical issues and practical examples. Exploratory teaching methods: - practical – solving practical cases/ exercises concerning financial statements.

Expository teaching methods

- informative (conventional) lecture
- participatory lecture

Exploratory teaching methods

- practical

Prerequisites

not applicable

Course coordinators

Ewa Chojnacka-Pelowska

Assessment criteria

Assessment methods:
- written examination – U1
- test – W1
- activity – K1
- attendance – K1

Assessment criteria:
Lecture: written test containing 15 open and closed questions.
W1 - 15 questions - exam +++

Tutorials:
Written examination containing practical cases that cover U1.
U1 – written examination +++

K1 – Attendance and activity during tutorials. In case of not sufficient attendance (less than 60% of all exercise hours) and activity student will have to prepare a paper on a given subject.
fail- (2) less than 60 %
satisfactory- (3) 60% ≤ X < 68%
satisfactory plus- (3+) 68% ≤ X < 76%
good – (4) 76% ≤ X < 84%
good plus- (4+) 84% ≤ X < 92%
very good- (5) 92 % ≤ X

Bibliography

1. Loftus, Janice et al. Financial Reporting / Janice Loftus, Ken Leo, Sorin Daniliuc, Noel Boys, Belinda Luke, Hong Ang, Karyn Byrnes. Second edition. Milton, Queensland: Wiley, 2018. Print.

2. S.H. Penman, Financial statement analysis and security valuation, McGraw-Hill/Irwin, 2010.

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 1155-12-F21-CF-CFSt in USOSweb